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Equity & LVR Calculator

Calculate your home equity, LVR (loan-to-value ratio), and usable equity for your next investment property.

Updated 2025-26 FYData stays on your deviceATO sourced data

Disclaimer

This calculator provides estimates for general information purposes only. Results should not be relied upon as professional financial, tax, or legal advice. Tax rates and thresholds are based on publicly available ATO data and may change. Always consult a qualified tax agent or financial adviser for advice specific to your circumstances.

Frequently Asked Questions

How is LVR calculated?
LVR (Loan-to-Value Ratio) = Loan Balance ÷ Property Value × 100. For example, a $400,000 loan on a $500,000 property has an LVR of 80%. Lenders use LVR to assess risk: lower LVR = lower risk. Above 80% LVR usually requires Lenders Mortgage Insurance (LMI).
What is usable equity?
Usable equity is the equity you can borrow against without paying LMI. Calculated as: (Property Value × 80%) − Current Loan. Most lenders allow you to access this as a deposit for an investment property. Some lenders go to 90% LVR with LMI for equity release.
How much can I borrow with my equity?
Roughly 5× your usable equity (assuming 20% deposit + 80% loan). For example, $100,000 usable equity could secure a deposit on a ~$500,000 property. However, you also need to pass the lender's serviceability test based on income vs all loan repayments.
Can I use equity from my home for any purpose?
Generally yes — common uses include investment property deposit, home renovations, debt consolidation, or buying a car. Each lender has its own rules. Note: using home equity for personal items (e.g. holiday) means converting an unsecured purchase into a long-term mortgage debt.

What is Equity & LVR?

Home equity is the difference between your property's current value and your outstanding loan balance. LVR (Loan-to-Value Ratio) is the loan as a percentage of the property value — a key metric used by lenders to assess risk.

How this calculator works

Enter your current property value and outstanding loan balance to see your LVR, total equity, and usable equity. Usable equity = (Property Value × Lender Max LVR%) − Current Loan. This is the amount you can typically borrow against without triggering Lenders Mortgage Insurance (LMI). Indicative deposit power assumes a 20% deposit + 80% loan, so $100K usable equity could secure a deposit on a ~$500K property.

How LVR Affects Your Borrowing

Lenders use LVR to gauge how much of the property they're 'at risk' for. Below 80% LVR: best rates, no LMI required. 80-90% LVR: LMI applies (premium added to loan), rates often slightly higher. 90-95% LVR: high LMI premiums, stricter serviceability. Above 95%: most lenders won't approve unless you're using the First Home Guarantee Scheme or have a guarantor.

Using Equity to Buy More Property

The standard strategy: rather than saving a fresh cash deposit, use equity from your existing property as the deposit on the next one. Refinance up to 80% LVR to release the equity (no LMI), then use those funds + 80% loan from a new lender on the new property. Be aware of cross-collateralisation traps — keep loans separate where possible.

Equity Release vs Top-Up

Equity release means refinancing your loan to a higher amount (using the equity as security). This is different from a top-up loan or line of credit. Tax-wise, the purpose of the borrowed funds matters: borrowing for an investment property is tax-deductible interest; borrowing for personal use (car, holiday) is not. Keep the borrowing structure clean for your accountant.

Updated for the 2025-26 financial year (1 July 2025 to 30 June 2026).

All calculations are performed in your browser — your data never leaves your device. Results are for general guidance only and should not be considered professional financial advice.

Built and maintained by Konstantin Iakovlev. Data sourced from the ATO and official Australian government sources.